The euro weakened, Italian bond yields jumped and stocks tumbled on Thursday after the European Central Bank unveiled a package of easing measures in the face of the coronavirus outbreak. The ECB said it would offer fresh loans to banks, offer previously agreed liquidity facilities at even more favorable rates and it would temporarily increase assets purchases to help the economy cope. But it disappointed markets by keeping interest rates unchanged. The euro EUR=EBS briefly rose into positive territory, but soon gave up its gains to trade down 0.4% at $1.12050. Two-year German bond yields, which had fallen back below ... (full story)